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Tamilnadu Government GPF interest rates – General Provident Fund and other provident funds Rate of interest for years 2012-13 and 2013-14 declared
Tamilnadu state government has announced the rate of interest for deposits made by Tamilnadu state government employees in General Provident fund and funds such as Travancore State Provident Fund etc for the year 2012-13 and 2013-14.
Rate of Interest for 2012-13 – 8.8%
Rate of Interest for 2013-14 – 8.7%
The full text of this Government Order dated 19.04.2013 is as follows
FINANCE (ALLOWANCES) DEPARTMENT
G.O.No.127, DATED 19th April, 2013
(Chithirai 6, Vijaya, Thiruvalluvar Aandu 2044)
PROVIDENT FUND – General Provident Fund (Tamil Nadu) – Rate of interest for
the financial year 2012-2013 and 2013-2014 – Orders – Issued.
Read the following:-
(1) G.O.Ms.No.106, Finance (Allowances) Department, dated 30.3.2011.
(2) From the Government of India, Ministry of Finance, Department of
Economic Affairs, New Delhi letter No.5(1)-B(PD)/2012, dated 22.5.2012.
(3) From the Government of India, Ministry of Finance, Department of
Economic Affairs, New Delhi letter No.5(1)-B(PD)/2013, dated 8.4.2013
* * * * * *
The Government direct that the rate of interest on the accumulation at the credit to the following Provident Funds for the financial year 2012-2013 be 8.8% (Eight point Eight) per annum with effect from 1.4.2012 and for the financial year
2013-2014 be 8.7% (Eight point Seven) per annum with effect from 1.4.2013.
(i) General Provident Fund (Tamil Nadu)
(ii) Pudukottai State Provident Fund
(iii) Travancore State Provident Fund
(iv) Travancore Contingent Employees Provident Fund
2. The rate of interest on belated final payment of Provident Fund accumulations remaining unpaid for more than three months of its becoming payable shall be at the same rates as indicated in para 1 above.